Extra indicators
Connors RSI
A short-term oscillator that averages three things: a 3-period RSI, the RSI of the up/down streak and the rank of today's change.
Die Idee in einfachen Worten
For short-term swings, three questions matter: is momentum stretched, how long has the run lasted and how unusual is today's move. Connors RSI averages the three answers on one 0–100 scale.
So wird gerechnet
RSI(3) of closes; RSI(2) of the streak (consecutive up or down candles); percent rank of today's return among the last 100. Connors RSI is the average of the three.
CRSI = (RSI(close, 3) + RSI(streak, 2) + PercentRank(return, 100)) ÷ 3Anwendung
- Below 10: very oversold for short-term bounce trades; above 90: very overbought.
Schlüsse ziehen
- Built for short holding periods (days), mostly on stocks and indices.
Beispiel
US100 daily: CRSI falls to 6 after four down days in a row in an uptrend; the method looks for a bounce.
Kurse in Beispielen dienen der Veranschaulichung.
Worauf man achten sollte
- Against a strong trend, oversold can become more oversold.
Ein wenig Geschichte
Developed by Larry Connors and Connors Research (2012).
Nur Bildungsinhalte. Kein Indikator und kein Muster sagt die Zukunft voraus, und nichts hier ist eine Anlageberatung.